TrueBlue Reports First Quarter 2020 Results
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TrueBlue (TBI) Misses Q1 EPS by 5c, Revenues Miss
May 4, 2020 4:10 PM EDTTrueBlue (NYSE: TBI) reported Q1 EPS of ($0.01), $0.05 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $494.25 million versus the consensus estimate of $498.87 million.
We experienced improving revenue trends during January and February, which reversed course in March, said Patrick Beharelle, CEO of TrueBlue. The second half of March saw a significant drop in demand associated with government and societal actions to address the COVID-19 threat. In... More
